Double materiality, impact materiality, financial materiality … If you’re wondering what the terms mean take a look at our new FAQ – Explaining Materiality in Corporate Reporting. The FAQ outlines the terms and where they […]
Congrats to Exxaro Resources, Nedbank, Redefine Properties, Pan African Resources, Sea Harvest, GEMS, DBSA and SAICA for winning their categories in the CGISA/ JSE Integrated Reporting Awards 2023. View the full list of winners and […]
This information Paper from the IRC, A Global Comprehensive Corporate Reporting System, sets out some approaches to structuring your corporate reporting suite, centring on the integrated report and integrated information and considering sustainability reporting.
Wondering how the new sustainability standards can fit into your corporate reporting suite? The IRC’s latest Information Paper puts the standards in the context of the board’s role in reporting, the existing sustainability standards, and […]
The International Sustainability Standards Board (ISSB) has released its first two IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. The Standards are being positioned as a ‘global baseline’ to which a […]
Congratulations to Nedbank for winning the EY Excellence in IR Awards 2023; Redefine Properties and Kumba Iron Ore took the second and third spots.To access the results click here.
Congratulations to Nedbank for winning the CGISA/ JSE Integrated Reporting Awards 2022. View the full list of winners in all categories, listed and unlisted companies and the judges’ report.
South Africa’s Second Code for Responsible Investing in South Africa, 2022 (CRISA 2) was released in September 2022. It builds on the first CRISA Code (2011) and contains five voluntary principles for stewardship and responsible […]
Congrats to Nedbank for winning the EY Excellence in IR Awards 2022, followed by Redefine Properties and Netcare taking the third spot. For the Awards brochure click here.
On 1 August 2022 the IFRS Foundation announced the completion of the consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation. The VRF’s Integrated Reporting Framework provides connectivity between financial statements and sustainability-related financial […]
The IFRS Foundation, on 25 May 2022, released a statement articulating the future path for integrated reporting. It offers clarity following the Value Reporting Foundation’s consolidation on 30 June 2022. The International <IR> Framework becomes […]
The IFRS Foundation and the GRI signed an MoU to align capital market (IFRS Foundation) and multi-stakeholder standards (GRI) to create an interconnected approach for sustainability disclosures. The compatibility should ease the reporting burden on […]
The US Securities and Exchange Commission (SEC) is updating, after a public consultation period, for amendments on the enhancement and standardization of climate-related disclosure for investors. The proposed rule changes will require climate-related disclosures in registration and […]
This Update, released on 14 March 2022, addresses some of the recent international developments in corporate reporting. It sets out the IRC’s technical focus for 2022, which includes comment submissions and developing practical FAQs to […]
In June 2022 the JSE released two guidance papers setting out sustainability and climate disclosure guidance for listed companies. The papers serve as guidance and are not a part of the Listings Requirements. To access […]
The ISO 37 000 Standard guides governing bodies to report, in an integrated manner, on its governance and the organization’s performance, generation of value (creation, erosion, and preservation), resource stewardship, financial resources, and other matters. Input […]
Congrats to Redefine Properties for winning the EY Excellence in IR Awards 2021, followed by Nedbank in second place, and Kumba Iron Ore ranked third. For the Awards brochure click here.
The JSE has released guidelines for sustainability and climate disclosure. While intended primarily to assist JSE-listed companies, the guidance will also be of value to institutional investors and the different entities that they invest in […]
Embedding and checking …. The VRF has launched a Prototype of key principles of integrated thinking, and are designed to be embedded into an organisation’s business model and applied across key activities overseen by the Board […]
The presentations for the 2021 Annual Conference on Integrated Reporting sessions can be found at the links below: The future of corporate reporting Professor Mervyn King, Chair of the IRC and Chair emeritus of the […]
The revised version of the Integrated Reporting Framework (the International <IR> Framework) was released on 19 January 2021. This version supersedes the original Framework of 2013.. Note that the International <IR> Framework is today more commonly […]
The International Sustainability Standards Board (ISSB) has been formally announced. The ISSB will be formed by the consolidation of the Value Reporting Foundation (VRF – the merged IIRC and SASB) and the CDSB into the […]
Webcast To view the webcast, please click here. Download the presentations To download the presentations slides, please click here. IRC Annual Conference 2021 – Programme 9:00 – 9:05 Welcome Leigh Roberts, CEO of the […]
The Value Reporting Foundation has released Transition to integrated reporting: A Guide to getting started Its aimed at helping new preparers develop a transition plan to integrated reporting.
Take a look at this if you want to see the changes in the updated 2021 version from the original 2013 version. The new content has been highlighted and the deletions are noted in comment […]
The content areas and six capitals of the integrated report offer a useful structure for holistic internal reporting and driving integrated thinking. See the Integrated Reporting Committee (IRC) of South Africa’s latest Information Paper Aligning Internal […]
The octopus model, also known as the umbrella approach, explains how an organisation’s different reports can fit together.
The Paper has been updated for the changes in the revised <IR> Framework. The Disclosure of Governance Information in the Integrated Report (Updated): An Information Paper includes a new section, with examples, of the processes […]
The International Accounting Standards Board (IASB) in May 2021 released an Exposure Draft on Management Commentary to update its original voluntary Practice Statement released in 2010. The IASB is currently in the process of considering […]
The International Organization of Securities Commission (IOSCO) sets out its vision and expectations for the IFRS Foundation’s work on a global baseline for sustainability standards. IOSCO also released an interesting new report on issuers’ sustainability-related […]
The new Value Reporting Foundation focuses on offering three resources tools: integrated thinking, the <IR> Framework and the SASB standards. The full media release on this development can be found here.
IFRS governance changes to see in the new ISSB To establish the new International Sustainability Standards Board (ISSB), the IFRS Foundation has to amend its constitution. The proposed changes are in an exposure draft open […]
IFRS Trustees respond The IFRS Foundation has released a Feedback Statement, which is a summary of the comments received on its Consultation Paper on Sustainability Reporting issued in September 2020. The Statement includes the Trustees’ […]
Reshaping the corporate reporting system Over the past few years… Since 2019 there has been a concerted effort to achieve a global comprehensive corporate reporting system that brings in sustainability reporting. A big part of […]
The IAASB has released its Guidance on Extended External Reporting (EER) assurance (which covers integrated reporting). It culminates a project that started in October 2017. To view the guidance click here
The joint thought leadership paper released in February 2021 explains the status quo, the difference between reasonable and limited assurance, and sets out the way forward in an easy-read format. To view the document click […]
For a quick look at the new content (highlighted in yellow) and the deletions (in comment boxes). International <IR> Framework (2021) with marked up changes.
By Bronwyn Forsyth, IRC team member and independent consultant In a volatile operating environment, issues seem to rise to the surface. There’s no place to hide. Our current context has certainly catalyzed broadscale rethinking of […]
The IRC has updated the Starter’s Guide initially published in 2014, to provide organisations with practical suggestions on preparing an integrated report. It is aligned with the King IV Report on Corporate Governance for South Africa, 2016 […]
The six focus areas of a meaningful and concise integrated report are highighted in the IRC’s 2021 Information Paper – Delivering a meaningful and concise integrated report
The Reporting on Enterprise Value paper shows how existing sustainability guidelines and the recommendations of the TFCD can be used to achieve global standards for sustainability-related financial disclosure. You can download the paper here. […]
The IRC hosted a webinar on 20 January 2021 to launch of the International <IR> Framework (2021) in South Africa. Webcast To view the webcast, please click here. Presentations You can download the presentations below: The […]
The IIRC has announced its intention to merge with the US-based Sustainability Accounting Standards Board (SASB). The move exemplifies the fast pace of change in the international corporate reporting arena. For the November 2020 media […]
The presentations for the 2020 Annual Conference on Integrated Reporting sessions can be found at the links below: Session 3 – Integrated risk management: A six capitals perspective Itumeleng Lebepe Berenice Francis Session 4 – Update on […]
Sasol was named as overall winner. Other category winners include Kumba Iron Ore, Netcare, Royal Bafokeng Platinum, Sun International, Sea Harvest Group and the Institute of Directors in South Africa. To view the winners list […]
The IRC hosted the annual Conference 2020 – Integrated Thinking in Action – on 26 November 2020. The webcast and presentations are available below. Webcast To view the webcast, please click here. Download the presentations To […]
Winners of the EY Excellence in IR Awards 2020: Nedbank, Kumba Iron Ore, Redefine Properties. Read the full list of winners and the survey analysis – Report: EY Excellence in Integrated reporting 2020 Report Media release: Excellence […]
By Michael Bray Professor of Practice (Integrated Reporting) – Deakin University, director of the International Integrated Reporting Council, former partner – KPMG Australia. Integrated reporting assurance is emerging: its place in the pathway to the audit […]
The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs. Together, this coalition shares the view that communication about value creation should be the […]
The Integrated Reporting Committee (IRC) of South Africa has developed this Information Paper (Paper) to assist organizations with their disclosure of the information required in terms of the Outlook Content Element of the Framework. The […]
Information Paper: Achieving Balance in the Integrated Report The Integrated Reporting Committee (IRC) of South Africa has released its latest technical paper, Achieving Balance in the Integrated Report: An Information Paper. The Paper discusses the role […]
Information Paper: Disclosure of Governance Information in the Integrated Report The Integrated Reporting Committee (IRC) of South Africa has developed this Information Paper to assist organizations in the disclosure of information that shows how governance supports the organization’s […]
Information Paper: Disclosure of Performance against Strategic Objectives The Integrated Reporting Committee (IRC) of South Africa has developed this Information Paper to assist organizations achieve better practice in disclosing performance against strategic objectives in the integrated report. The Paper highlights […]
Information Paper: Reporting on Outcomes The International <IR> Framework (Framework) was issued by the International Integrated Reporting Council (IIRC) in December 2013. It has been endorsed by the Integrated Reporting Committee (IRC) of South Africa as guidance […]
In March 2014, the IRC endorsed the International <IR> Framework, released by the International Integrated Reporting Council (IIRC) in December 2013, as guidance on good practice on how to prepare an integrated report. The IIRC has […]
This FAQ outlines the TCFD recommendations and recommended disclosures and their relation to the integrated report FAQ TCFD May 2021 final
Where and how should the organization show the impacts of the pandemic and the uncertainties that lie ahead in its integrated report? Read the IRC’s latest FAQ FAQ – Reporting in a time of crisis […]
Corporate reporters will be happy about the commitment announced by the CDP, CSDP, GRI, SASB and the IIRC to work together to achieve comprehensive globally accepted corporate reporting. The move could prompt a broader rationalization […]
Double materiality, impact materiality, financial materiality … if you’re wondering what the terms mean take a look at our new FAQ – Explaining Materiality in Corporate Reporting. The FAQ outlines the terms and where they […]
By Yvette Lange Adjunct Professor, School of Accountancy, Wits University, and a member of the IRC Working Group 2020 has so far, been a global uphill battle against the coronavirus pandemic. The advice is clear: to […]
2020 is the year of change for the International <IR> Framework. The revision is a “modernization” rather than a wholesale revision and deals with targeted areas. The process kicked off in February with the release of […]
This publication prepared by the Centre for Critical Accounting and Auditing Research at the University of the Witwatersrand, outlines the benefits and drivers of better quality reporting. Impediments to high quality reporting are also covered. […]
The Good Governance Academy’s conference, May 2020, can be viewed on this link: https://www.youtube.com/channel/UCMVLUWNCeyVSQK0n9HiNrxA
By Leigh Roberts CEO of the IRC of SA After ten years the International <IR> Framework is being refreshed by the IIRC. Fear not, it’s not a wholesale revision, but rather a modernisation. And a […]
After 10 years the International Integrated Reporting Council (IIRC) will update the International <IR> Framework. It’s not a wholesale revision, but rather a “modernization”. The process kicked off in February 2020 with the release of […]
By Dr Nandita Mishra Associate Professor, Amity University Uttar Pradesh, India Over the past few years corporate reporting in India has evolved a lot. The main agenda was to change the conventional and complex reporting […]
This new report from the IIRC’s Integrated Thinking group introduces a new model for integrated thinking called ”the Spring model’.
The objective of the CSSA IR Awards, one of the longest-running awards for excellent reporting in Southern Africa, is to encourage innovation and excellence in integrated reporting. It is also extremely comprehensive comprising ten categories. […]
Nedbank was named as overall winner, with category and merit award winners over 10 categories announced in the 2019 Integrated Reporting Awards of the Chartered Secretaries of Southern Africa in collaboration with the JSE. For […]
Nedbank took top honours again, followed by Kumba Iron Ore and Redefine Properties in this 2019 survey of the top 100 JSE listed companies. The top 10 also inludes Sasol, Vodacom, Impala Platinum, Oceana Group, […]
A global survey gives top honours to the SA reports. The survey covered ten countries and was conducted by Professor Bob Eccles, Michael Krzus and Carlos Solano. The work of the IRC of SA is […]
The Business Roundtable, America’s most influential group of corporate leaders has released a statement on the purpose of a corporation which proposes that a company has a broader responsibility to society, which it can better […]
By Professor Mervyn King Chairman of the IRC of SA and Chairman Emeritus of the IIRC In South Africa the common law has always been that directors owe their duties and responsibilities to the company. […]
By Sheralee Morland The Integrated Reporting Committee of SA (IRC) Annual Conference 2019 on 18 July at the Johannesburg Stock Exchange (JSE) affirmed that integrated reporting is receiving ongoing focus – demonstrated by the size […]
The presentations for the 2019 Annual Conference on Integrated Reporting sessions can be found at the links below: Session 5 – Achieving balance 5 – Achieving Balance (Mark Hoffman) Session 7 – Determining materiality 7 […]
By Patrick Kabuya Senior Governance Specialist, World Bank. IIRC and AIRC member What could Africa learn from the 2019 International Integrated Reporting Conference (IIRC) hosted in London on May 16 -17, 2019. This is what I reflected on after […]
By Leigh Roberts CEO of the IRC of SA I attended the IIRC Council meeting in Frankfurt on 11 April. It was well worth the effort of 20 hours’ flying (made more palatable by remarkably good […]
The IRC hosted a one-day conference on Thursday 18 July 2019 at the JSE aimed at preparers and users of integrated reports. Webcast The webcast of the Annual Conference is now available to view for […]
By Graham Terry Member of the IRC Working Group, IRC Honorary Member and IIRC Ambassador In 2015 the United Nations General Assembly adopted the Sustainable Developments Goals (SDGs) with targets to achieve by 2030. We all […]
On 7 November 2018, the Corporate Reporting Dialogue, convened in June 2014 by the IIRC to respond to market calls for greater coherence, consistency and comparability between corporate reporting frameworks, standards and related requirements, announced […]
By Leigh Roberts CEO of the IRC I recently spent time on reading the integrated reports of some of the top 40 companies listed on the Johannesburg Stock Exchange (JSE). How nice to see the progression […]
Redefine took top honours, with category and merit award winners over 10 categories announced in the 2018 Integrated Reporting Awards of the Chartered Secretaries of Southern Africa in collaboration with the JSE. For more information […]
By Professor Mark Graham UCT and Adjudicator of the EY Excellence in IR Awards Based on a speech at the EY Awards event in Johannesburg on 3 August 2018 The overriding objective in our ranking of […]
Nedbank took top honours, followed by Redefine Properties and Kumba Iron Ore in the 2018 survey of the top 100 JSE listed companies. Download the report below. Report: EY Excellence in Integrated Reporting Awards 2018
The presentations for the 2018 Annual Conference on Integrated Reporting sessions can be found at the links below: Integrated Thinking and the Business Model – Professor Mervyn King CEO perspectives – Leon Kok (replacing Andrew Konig) Investor […]
The CEO of the IRC of SA, Leigh Roberts, and two South African companies were on the stage at the Make Integrated Thinking Happen Conference in Rome in May 2018. […]
Professor Mervyn King, chairman of the IRC of South Africa and IIRC Chairman of the Council delivered the Law Oration at Deakin University in Melbourne, Australia on 22 February 2018 looking at the history of […]
By Graham Terry IRC Working Group member, IRC Honorary member and IIRC Ambassador The fourth annual ‘CMA Excellence in Integrated Reporting Awards’ took place in Colombo, Sri Lanka in July 2018. To be eligible for awards […]
By Richard Howitt CEO of the IIRC Based on a speech at the IIRC-ICGN Global Conference in Tokyo, Japan on 1 March 2018 Stock Exchanges from Tokyo to Johannesburg, Singapore to São Paulo, Botswana to Frankfurt […]
The IRC hosted a one-day conference on Tuesday 24 July 2018 at the JSE. Webcast The webcast of the Annual Conference is now available to view for free. To register and view the webcast please click […]
By Rob Amponsah Greymatter & Finch Greymatter & Finch’s clients come from a diverse range of industries, and despite their different operating environments, a common trend has become clear in the last two years – […]
Gold Fields was named as overall winner, with Anglo American Platinum winning the JSE Top 40 category, Kumba Iron Ore winning the JSE Mid Cap category, and Royal Bafokeng Platinum winning the JSE Small Cap […]
ArcelorMittal SA, Kumba Iron Ore and Barloworld took top honours among the top 100 JSE listed companies with Transnet leading the SOCs. The report and full media release can be downloaded below: Report: Nkonki 2017 […]
By Leigh Roberts Chief Executive Officer of the Integrated Reporting Committee of South Africa After the opening address at the Nkonki IR Awards 2017 at the JSE on 21 August 2017 some of the attendees asked […]
Kumba Iron Ore, Redefine Properties, Sasol and Nedbank took the honours in the 2017 survey of the top 100 JSE listed companies. Download the report and the media release below. Report: EY’s Excellence in Integrated […]
The presentations for the 2017 Annual Conference on Integrated Reporting sessions can be found at the links below: Three Board Agenda Items for the 21st Century – Mervyn King International Trends and Developments – Richard […]
This publication from IFAC and the IIRC explores the benefits of integrated reporting and integrated thinking for SMEs. Download the report: IFAC – Creating Value for SMEs
The publication Forging a path to Integrated Reporting offers insights from the GRI Corporate Leadership Group on Integrated Reporting.
The IRC hosted a one-day conference on Thursday 27 July 2017 at the JSE, aimed at preparers and users of integrated reports. View the webinar A webinar of the conference is now available for viewing. […]
By Dr Pieter van der Walt Group manager: Information Integration & Sustainability at Altron Ltd. Our integrated reports, since the first in 2010, have progressively moved from focusing purely on the previous period’s financial performance […]
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